4//SEC Filing
XPO Logistics, Inc. 4
Accession 0001166003-14-000003
$XPOCIK 0001166003operating
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 6:48 PM ET
Size
13.1 KB
Accession
0001166003-14-000003
Insider Transaction Report
Form 4
Hardig John
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2014-09-02+17,000→ 61,285 total - Exercise/Conversion
Restricted Stock Unit
2014-09-02−10,000→ 20,000 total→ Common Stock, par value $0.001 per share (10,000 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2014-09-02+10,000→ 44,285 total - Tax Payment
Common Stock, par value $0.001 per share
2014-09-02$30.97/sh−9,625$298,086→ 51,660 total - Exercise/Conversion
Restricted Stock Unit
2014-09-02−17,000→ 34,000 total→ Common Stock, par value $0.001 per share (17,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.
- [F2]These shares were withheld to fund tax liability attributable to the settlement of the RSUs reported on this Form 4. These RSUs vested and were settled on September 2, 2014, as originally scheduled, and there were no related discretionary transactions or open market sales.
- [F3]The RSUs vest and shall be settled in equal annual installments of 20% each, beginning on September 2, 2012 and continuing on the first, second, third and fourth anniversaries thereof, subject to the Reporting Person's continued employment with the Issuer.
- [F4]On February 13, 2012, the Reporting Person was granted 85,000 unvested RSUs, subject to the Issuers satisfaction of certain predetermined performance criteria and the Reporting Persons continued employment with the Issuer. On August 20, 2012, the Compensation Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs has been satisfied, and such RSUs shall thereafter vest in equal annual installments of 20% each, beginning on September 2, 2012 and continuing on the first, second, third and fourth anniversaries thereof, subject to the Reporting Person's continued employment with the Issuer.
Documents
Issuer
XPO Logistics, Inc.
CIK 0001166003
Entity typeoperating
Related Parties
1- filerCIK 0001166003
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 6:48 PM ET
- Size
- 13.1 KB